Former governor of Bayelsa State and Minister of State for Petroleum Resources, Timipre Sylva, has sent his warmest felicitations to the Nigerian Muslim Ummah on the occasion of this year’s Eid El-Fitri celebrations. In a statement released to journalists, in Abuja, by his Special Assistant on Media and Public Affairs, Julius Bokoru, Sylva wrote that…
Enel Green Power North America has begun operating a 50 MW expansion to the High Lonesome wind farm in Texas, increasing the project’s total capacity to 500 MW -The 105 MW Riverview and 29.4 MW Castle Rock Ridge II wind farms in Alberta, Canada are connected and delivering energy to the power grid -The High Lonesome expansion brings the project’s overall investment to 720 million US dollars, while the total investment for both Canadian projects amounts to over 210 million Canadian dollars.
China’s apparent crude oil consumption is expected to increase by between 1 percent and 2 percent year on year, CNPC Research says, as carried by Reuters.
PetroNor, has announced that the Company has reached a mutual agreement with the Government of Senegal to suspend the Arbitration related to the Rufisque Offshore
The drastic spending cuts across the U.S. shale patch due to the low oil prices will likely lead to a 6.1-percentage point slump in total U.S. fixed business investment.
Chief Timipre Marlin Sylva, on Thursday, explained that the need to protect the generality of the public from undue exploitation and prevent inordinate profiteering by oil marketers
By Oke Peter For eight straight months, no drop of petrol or kerosene was produced by any of the refineries under the management of the Nigerian National Petroleum Corporation (NNPC). Latest figures released by the NNPC on refined white products (petrol and kerosene) from local refineries showed that from June 2019 till January 2020, the…
Damilola Shittu – Abuja The National Bureau of Statistics (NBS) has said that households in Nigeria spent a total of N2.02trn on fuel and electricity in 2019, The NBS said in a new report on consumption expenditure pattern that household expenditure on fuel/light accounted for 11.57 percent of the total non-food consumption expenditure in 2019….
Damilola Shittu – Abuja The Nigerian National Petroleum Corporation (NNPC) on Wednesday announced a reduction in the ex-depot price of petrol from N113.28k per litre to N108.00K per litre. The corporation said the new price cuts across all its products loading facilities as well as in its throughput operations. A statement in Abuja by the…
Ikeja Electric Plc (IE), Nigeria’s leading electricity distribution company, has added to its scorecard by becoming first and only company in the sector to earn the latest ISO accreditation.
